About Findoc Commodities Private Limited
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Findoc Commodities Private Limited was a private limited company based in Ludhiana, Punjab, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 02 March 2012.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74900PB2012PTC036010. Its GSTIN is 03AABCF9455E1ZT (Punjab). The company held 4 GST registrations, all of them active.
The company had an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹1.5 Cr. It was led by directors including Chander Shekhar and Hemant Sood.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 4th Floor Kartar Bhawan Near Pau Gate No.1 Ferozepur Road, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2020, the company reported a revenue of ₹45.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.77 Cr (net margin 59.3%) and EBITDA of ₹37.85 Cr (EBITDA margin 83.8%). Revenue has grown at a compounded annual rate (CAGR) of 130% over three years and 57% over five years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 3 cases involving the company, including 3 filed by the company.
The last known website on record is myfindoc.com.
Company details
Contact details
Findoc Commodities Private Limited's registered office is in Ludhiana, Punjab. Its website is myfindoc.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered Address4th Floor Kartar Bhawan Near Pau Gate No.1 Ferozepur Road, Ludhiana, Punjab, India – 141001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Findoc Commodities Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Findoc Commodities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Findoc Commodities Private Limited, buy the company report.
Financials of Findoc Commodities Private Limited
FY 2020 filings availableFindoc Commodities Private Limited reported revenue of ₹45.18 Cr (up 842% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 842% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹45.18 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹37.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.77 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.8% | ||||
| Net Profit Margin | 59.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Findoc Commodities Private Limited, buy the company report.
Board of directors of Findoc Commodities Private Limited
Findoc Commodities has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chander Shekhar Also directs: Aged Barrels & Casks LLP, Singlemind Infotech LLP, 9Cr Spirits & Beverages LLP and 5 more | Director | 02 Mar 2012 | 14 Years 7 Months | As last reported |
| Hemant Sood Also directs: Kitty Automobiles Private Limited, Findoc Investmart (Ifsc) Private Limited, Kripra Real Estate Private Limited and 5 more | Director | 02 Mar 2012 | 14 Years 7 Months | As last reported |
| Nitin Shahi Also directs: Findoc Investmart (Ifsc) Private Limited, Findoc Investmart Private Limited, Findoc Capital Mart Private Limited and 2 more | Director | 07 Feb 2017 | 9 Years 8 Months | As last reported |
Auditor
Findoc Commodities Private Limited is audited by RAKSHIT KHOSLA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKSHIT KHOSLA & ASSOCIATES | FY 2018 | 017151N |
Shareholding
The shareholding of Findoc Commodities Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Findoc Commodities Private Limited, buy the company report.
Legal cases
Findoc Commodities Private Limited has 3 court cases on record: 3 filed by Findoc Commodities. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Findoc Commodities Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Findoc Commodities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Findoc Commodities Private Limited has a workforce of 3 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Findoc Commodities has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCF9455E1ZT | Punjab | Active | 01 Jul 2017 |
| 27AABCF9455E1ZJ | Maharashtra | Active | 01 Dec 2017 |
| 08AABCF9455E1ZJ | Rajasthan | Active | 04 Jan 2018 |
| 24AABCF9455E1ZP | Gujarat | Active | 26 Apr 2019 |
To see the full GST registrations and return filing status of Findoc Commodities Private Limited, buy the company report.
Recent activity
Findoc Commodities Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Nitin Shahi ceased to be Additional Director on 30 Mar 2017.
Frequently asked questions
Findoc Commodities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Findoc Commodities was a private limited company based in Ludhiana, Punjab, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 02 March 2012 and is registered under CIN U74900PB2012PTC036010. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Findoc Commodities was incorporated on 02 March 2012. It is registered with the Registrar of Companies, Chandigarh.
Findoc Commodities had 3 directors:
- Chander Shekhar - Director
- Hemant Sood - Director
- Nitin Shahi - Director
The CIN (Corporate Identification Number) of Findoc Commodities is U74900PB2012PTC036010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Findoc Commodities is at 4th Floor Kartar Bhawan Near Pau Gate No.1 Ferozepur Road, Ludhiana, Punjab, India – 141001.
Findoc Commodities can be reached through the website myfindoc.com. Its registered office is in Ludhiana, Punjab, India.
The latest financial statements of Findoc Commodities on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Findoc Commodities is 03AABCF9455E1ZT, registered in Punjab. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AABCF9455E1ZJ (Maharashtra), 08AABCF9455E1ZJ (Rajasthan), 24AABCF9455E1ZP (Gujarat).
Findoc Commodities operated in the financial services industry, in the brokerage and trading services segment.